Sanella of ERG Property Advisors negotiates 1,000 s/f retail lease; Friedland Wine and Liquor signed a 10-year lease

ERG Property Advisors has arranged a retail lease at 183 Lenox Ave. The property is located on the west side of Lenox Ave., between 119th and 120th Sts. The 1,000 s/f property was leased by Friedland Wine and Liquor Store for $3,250 per month. The tenant has a 10-year lease, with a 1.5% annual increase. ERG's David Sanella handled the leasing of this property. For more, please contact David Sanella at (646) 253-0970 or [email protected]. ERG Property Advisors is a full-service commercial brokerage company based in N.Y.C. Its core activities are investment sales, retail leasing, and strategic consulting. While focused on the broader N.Y.C. area as a company, ERG also offers specific market knowledge at the submarket level. Beyond core N.Y.C. properties, ERG has access to a vast network of NNN properties throughout the United States. In addition to assisting property owners and prospective buyers, ERG provides banks, appraisers, attorneys, and accountants with information and skill sets that support them in their respective roles. Visit www.ergpa.com for recent deals and press coverage.